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E1 Exam Dumps : Managing Finance in a Digital World

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Managing Finance in a Digital World Questions and Answers

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Question 1

Which one of the following structures primarily suits a nationwide business with three product lines; for example, soup, condiments and baby food?

Options:

A.

Functional

B.

Divisional

C.

Matrix

D.

Geographical

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Question 2

YZ Company has grown rapidly and has recently recruited a finance director to set up a more structured finance function. During this process care will be needed to ensure effective lines of communication between different disciplines within the whole function and to recognise the interdependencies.

 

Which of the following are examples of the interdependence of elements of the finance function?

 

Select ALL that apply.

Options:

A.

Variance analysis reporting

B.

Taxation management

C.

Budget management

D.

Management reporting

E.

Statutory financial reporting

F.

Internal auditing

Question 3

Which of the following is a reason why businesses need to prepare statutory reports?

Options:

A.

To inform the investors how profitable the business is.

B.

To help compare budget with actual performance.

C.

To decide on their foreign exchange hedging policy.

D.

To ensure they have enough inventory on hand for production.

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